Russia: MMK metal shipments to TMK up in 2018

The meeting of the coordinating council of Magnitogorsk Iron and Steel Works (MMK) and TMK was held in Magnitogorsk. The representatives of both companies reviewed their joint work in 2018 and discussed future collaboration.

According to the results of 2018, 504,600 tons of MMK’s flat steel products were shipped to TMK’s pipe mill. This represents an almost 10% increase on 2017. The council concluded that the protocol from the previous meeting had been successfully implemented, and discussed the quality of metal products along with the development perspectives of new types of metal products for TMK. Both parties discussed participation in promising joint projects and other topical issues surrounding further collaboration. The next coordinating council meeting is scheduled to be held in September in Volzhsky.

Executives and specialists of technical and commercial departments of MMK and TMK, as well as members of TMK’s Volga and Northern pipe plants, took part in the work of the current coordinating council. Such events are held on a regular basis – the current coordinating council meeting was the 26th in a row. Twice a year, representatives of the two companies meet at the buyer’s or seller’s sites to discuss important strategic issues, current and future collaboration. (MMK/Ukrainian metal)